Core Viewpoint - Avita Technology, a joint venture between Changan, Huawei, and CATL, plans to submit its IPO application to the Hong Kong Stock Exchange in Q4 2023, aiming for a listing in Q2 2024 [1][5]. Group 1: IPO Plans - The company is in the final preparation stage for its IPO application, with the earliest submission expected in October 2023 [1]. - CICC and CITIC Securities are the joint sponsors for the IPO, with plans for a 2026 listing initially mentioned [5]. - Avita aims to complete its IPO process by Q2 2024, indicating a shift in timeline from previous statements [1][5]. Group 2: Shareholding Structure - Changan Automobile and CATL are the largest shareholders, holding 40.99% and 14.1% of the company, respectively [1]. - Huawei provides key technological support, including smart driving algorithms and intelligent cockpit components [1]. Group 3: Financial Performance - Avita has completed three rounds of financing since 2021, raising nearly 8 billion yuan, with a valuation increase from 14.085 billion yuan to over 30 billion yuan after the latest round [7][9]. - The company reported significant losses over the past three years, totaling 9.726 billion yuan, with projected losses of 2.015 billion yuan in 2022, 3.693 billion yuan in 2023, and 4.018 billion yuan in 2024 [9]. Group 4: Sales and Growth Targets - Avita's sales for 2024 are projected at 73,606 units, a 140% increase year-on-year, with a monthly sales record of 11,067 units in December 2024 [9]. - The company has ambitious sales targets, aiming for 400,000 units by 2027, 800,000 units by 2030, and 1.5 million units by 2035 [11]. Group 5: Product Development and Global Expansion - Avita plans to launch five upgraded models in collaboration with Huawei and CATL by 2026, with a total of 17 models expected by 2030 [11]. - The company aims to expand its global presence, targeting entry into over 80 countries and establishing more than 700 sales channels by 2030 [11].
阿维塔科技拟于明年Q2完成上市 最早今年10月交表
Cai Jing Wang·2025-09-23 22:43